Geopolitical concerns weigh heavily on US markets
15 Apr 2024 - Concerns have risen after the Iranian retaliation against Israel and weaker than expected bank earnings overshadowed US markets on Friday.
15Apr
12Apr
Markets bounce back from inflation led sell off
12 Apr 2024 - Tech stocks led the market back into positive territory after the previous sessions inflation led sell off after the March PPI number came in below estimates providing a positive data point for inflation concerns.
11Apr
Higher than expected inflation number triggers selloff
11 Apr 2024 - Hotter than expected March inflation data triggered a wave of selling in US markets with the 10 year Treasury yield soaring back above 4.5 per cent.
10Apr
Investors stay on the sidelines ahead of key inflation data
10 Apr 2024 - Investors remained on the sidelines ahead of the key March CPI data due out Wednesday US time (tonight local time).
09Apr
US markets close flat ahead of inflation data later this week
09 Apr 2024 - Markets finished the day essentially flat as investors remain focused on CPI due out later this week.
08Apr
US market ignores strong payrolls & rising yields to bounce back
08 Apr 2024 - US stocks bounced back in Friday trading ignoring a hotter than expected payrolls print and upward pressure on bond yields.
05Apr
Fed comments & oil rally trigger afternoon sell off
05 Apr 2024 - US markets opened in positive territory before Fed rates commentary and a pop in oil prices spooked traders and triggered an afternoon sell off.
04Apr
Fed Chair commentary calms rate fears
04 Apr 2024 - US markets traded in positive territory for most of the day encouraged by comments from Fed Chair Jerome Powell that suggested that recent negative data does not materially change the overall picture from his perspective, and the Fed’s guidance on rates remains unchanged at this stage.
03Apr
Inflation & rate concerns weigh on markets
03 Apr 2024 - Rising bond yields and concerns around the timing of future rate cuts by the Federal Reserve weighed heavily on US markets as investors are increasingly question the likelihood of a June rate cut.
02Apr
Markets slide as new data raises renewed inflation fears
02 Apr 2024 - US markets kicked off the post Easter week by giving up ground on what was a winning month for March and a strong first quarter. New inflation data raised concerns that the Fed may struggle to hit its target of three rate cuts by the end of 2024.